|At the moment,
it's pretty easy to be pessimistic. We hear about Alberta's intent to mount
legal challenges. Media reports of John Manley's visit to Lethbridge last
week make us wonder if the UN has the capability to encourage compliance by
Canada and - perhaps more importantly - other countries.
|There seems some
possibility the whole initiative could fizzle out in a sea of bickering.
Perhaps in the meantime, it will be determined greenhouse gases are really
not a problem.
|On the other
hand, it's possible the federal plan will work. I'm personally dubious all
the efficiency measures will work or that permits will be as cheap as
expected. It does not seem to prepare
us well for post Kyoto restrictions in greenhouse gas emissions.